Ethchart
ETH UPDATE (Can Pump More)Ethereum analysis from Behdark
With this complex market situation, the analysis must be constantly updated.
Ethereum seems to rise again after a temporary correction. If you have shorts, take them off for now. I think it will go up to the resistance range that I specified and then go back down.
If you have any questions, comment. Thank you
Ethereum bullish setup ! Pump incoming when everyone is bearishHi lads. I have been bearish on eth from late march 2022 until early june. And we saw mega bearish movr too.
ETH is in a consolidation area now. things are getting more clear that we will go higher from current levels. 1435 - 1520 levels are best buy opportunity. I expect that eth will rise to 2300 or 2400 levels before any new lower low happens.
So, right now majority of the retail traders think eth and btc will hit new lower low. In 100% of these situations, big market makers and players will go exactly the opposite way of the majority. because they dont want to give you a very clear and easy chance to buy the dip.
Also a lot of people are short on eth now so whales will definitely hunt those positions.
overall, I EXPECT A JUMP FROM HERE TO 2400 LEVELS WITHIN A FEW MONTH. AND THEN WE MIGHT FACE AND TARGET FOR A NEW LOWER LOW, WHERE BTC CPULD REACH 14K AND ETH TO 1K LEVELS.
ALSO A FOLLOW IS VERY APPRECIATED.
GOOD LUCK MY FRIENDS.
Here is My Idea on Ethreium
After a Long Downtrend i Think Ethreium is Ready to Recover back All his Road.
Thats Trade can Take a Lot of Time. But if BTC Cross 45500 and stay above e see a Good Bounce on All AltCoin. Even in My Openion Ethrium is not more a AltCoin
I am Not A Financial Adviser. And All Cherts Are Just My Study. So Please Do Your Own Search before open Any Trade.
If You Like My Work Just Come and Join Me.
ETHERUM Any Daily Close below 2300$ will Lead to 1300$ ~ 900$! Etherum Sell-off preparation? Maybe..
Be careful if it closes daily below the 2300$.
Any Daily Close above 3300$ will lead to 6666$.
Conclusion: Do not sell ETH Above 2300$ & Do not Buy ETH below 3300$ ( exept for SCALP with a predifined Stoploss )
Good Luck.
ETHUSD - Pattern Studies 15 min - 02/18 - mapping the wavesFor me. With my method of charting i pick spots of interest and use those as sign post to direction. With coin and stock i always move in stages never large single moves. That being said i sold off about 70 percent at the last peak and have been waiting for this line to either break or for the market to take off. Either way i'm happy. i can buy on the way back up and not loose any momentum and i can buy a nice drop and gain traction. This viewpoint is my favorite for charting as it keeps my pattern search neutral.
Ethereum to 5K!?Eth has undoubtedly been out performing the market recently after the mega bullish london and eip1559 upgrade went live, we are currently on our 19th green candle inna row! Now something pretty important for strictly ETH is the EMA ribbons, no one else in the market has managed to reflip the EMA ribbons back to bullish, and keep in mind this indicator is more long term rather than short, we have been able to get the green ribbons back ontop of the red which is very important, it shows the momentum is flipping back to the bulls and we have been seeing that for the last 20 days, if we can see the EMA ribbons fully spread out we will be in for a huge rally even bigger than we are seeing, as you can see to the left when the EMA ribbons started to open up bullish that is when we saw ETH shoot up to create that new ATH. We are also smashing through resistances like the R2 as the most recent and now we are on the push for that R3 or the 0.2 FIB level which is the last FIB before our ATH, we probably will see a rejection at the 0.2 FIB because it is a pretty strong level but if we keep up the momentum we will no doubt fly through at some point. Looking at the MACD we look very good we are seeing continued separation which is always key and we are showing no signs of slowing down, we are starting to point to the upside aswell, the histogram is looking okay we are sort of flattened out but our green bars are for the most part staying level with our previous ones so aslong as the MA's continue to shoot up and separate we are looking fantastic! Not financial advice just my opinion!
ETH about to explode!!!Ethereum is looking hella bullish right now we have had a nice run up all the way to our current resistance level at 2324$ (USD) we could see a rejection today but i think we are bound to break through here and continue our run up in the coming days, we have easily regained the 50 day SMA now well above it which will now act as support aswell as the 200 day SMA which is absolutely huge for ETH! Now we are looking at taking back the 100 day SMA which sits a little bit above us right now but once we continue our run i think taking this SMA back is inevitable! We had a beautiful break out of the top of this descending triangle on the 13th try if we count wicks lol, we could have a bit of a cooloff now because of the repeated green candles but i don't think we should worry we have lots and lots of underneath support. Looking at the Bollinger bands just like i said with xrp we are right on that top band and we could definitely see a big run up due to this, either tomorrow or in the coming days im thinking. Realistically this should give us way more than enough momentum to shoot up and blast right through the 100 day SMA turning it into again support. We recently had a very nice bullish cross on the daily MACD and now we are starting to see some nice separation within the bands which is always a positive sign and for sure reduces the chances of us having a soon bearish cross, we want to continue to see the blue MA take off away from the orange MA, also to keep seeing bigger or equal bars on the histogram, looking at it compared to our last bullish cross we realistically have many more green days to come histogram wise and if we see a similar cycle this time around, overall very bullish on Ethereum and altcoins as we are starting to see the reversal back into this bullish cycle! Not financial advice just my opinion!
ETH and ALTS about to fall??!Ethereum's still struggling to find a way out of this descending wedge now around the middle again, we are currently getting held up by the midline of the bollinger bands and close below we got the 0.6 FIB level. I'm thinking that we are probably going to see a bit of a fall before we head up, even i would say a fakeout to the downside before taking off! We got lots of support but a lot of resistance aswell here, looking at the MACD we are almost to the point of a bearish cross and a histogram flip to bearish, i see us going down probably out of our wedge to the nearest pivot point before heading back up as shown in my pathway. In this situation i think it is very likely we see a fakeout to the downside to shake more people out before then heading up and ultimately rising through the upside of the wedge. This wedge is very prolonged and i believe traders are getting itchy for taking positions and would be looking to open shorts if we see a break of this very long wedge, this is where i think a very possible fakeout would come to play as it would liquidate many traders. theres lots of resistance when looking at the upside aswell but thatll be for a later update TA! Not financial advice just my opinion!
Ethereum going to breakout!!?Eth is looking like we have reversed after a bounce off of the bottom of this descending wedge, now we just rejected off the top for the 9th time but i think we are gaining some steam and we could get a beautiful bounce off the bollinger band midline to then try and breakout again to the upside. The only worry that we might face if we breakout upwards is we will have to have enough momentum to smash through the 0.5 FIB and close above it or we face falling back into the wedge with a sort of "fakeout" scenario. The RSI is just touching down of the 50. point and im hoping we can see a nice bounce off here to try and get us back into an uptrend, this is very key for this whole analysis as if we don't get that confirmed uptrend on the RSI we could still breakout of the wedge upwards but we most likely wouldn't go that far. The MACD looks great aswell we are seeing nice separation in the MA's slowly pushing upwards, the one thing about the MACD is that we are starting to see a slight curl in the blue MA and we don't want to see it start to come down towards the orange, or atleast hope we get a bounce off the orange. If we don't and we get a bearish cross we would probably take a couple day hit to the downside or even just some sideways movement. Not financial advice just my opinion!
Ethereum pullback to 2K??!Ethereum looks like we are going to see a pullback to 2K before we start moving back up again. We saw a break of the 0.5 FIB level and our next major support is just over 2K. We see the MACD has been very jagged recently with multiple bullish and bearish crosses and now we are just seeing the start of another bearish cross. It seems like ETH wants to start moving up but is being held down by BTC just like most of the market. very rare to see a 2 green bar cycle on the macd histogram that's why i think we are being held down. Also something very crucial to watch is that bottom bollinger band we are creeping closer and closer to that bottom band and if we do start riding it we could be in for a significant pullback maybe even lower than 2K. But i personally will see this as a great buying opportunity and will look to grab some more. And we all know the strength of ETH we have already witnessed it earlier in this cycle! Now the RSI does seem to be getting stuck below that 50. point midline and we keep seeing bounces off of it and i wouldn't be surprised if we see another. Remember only when we see a full break above this level and a confirmed hold will ETH be considered in a uptrend. So as we continue like this just like 99.9% of the market we are in a confirmed downtrend and or a mini bear market. I dont think this bullrun is over at all i believe we are just seeing a cooldown with big institutional money flowing into these projects but thats just my opinion! Not financial advice!